You don’t have to go far down the list to place Jay Z as one of the greatest hip hop artists and business moguls that the world has ever seen. Jay Z is the founder of Roc Nation and one of the most influential members of the rap game. Ten years ago Jay Z got hooked up with a contract to Live Nation that would have him on the fast track to the top of the industry. The Jay Z – Live Nation 360 Deal was worth $150 million over that ten year period. Now, Jay Z and Live Nation are at a crossroads where they can choose to re-negotiate their deal or mutually walk away. More to read on pagesix.com
Jay Z and his close business partner Desiree Perez may not be in a rush to resign with Live Nation. As it turns out, the past ten years have been pretty kind to Jay Z and the team at Roc Nation. With the chance to once more chart their own future it makes sense that Jay Z and his team would want to go test out their toes in other waters. Jay Z and Desiree Perez have already seemingly hit the market in order to see if there are better options around with a sit down meeting across Sir Lucian Grainge of Universal Music Group.
The meeting between Perez and Jay Z with Sir Grainge ostensibly was a casual one. However, it seems pretty obvious that Universal Music Group is interested and testing the waters as to a potential deal. Check igstars.com for related article. The sticking point, it seems, will be whether UMG is looking to represent studio recorded music for the group at Roc Nation. According to sources close to Live Nation, they are only interested in repping Jay Z’s live productions. Right now who can say where it will all go! Connect with Dez, visit her facebook.com page.
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